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A strong profit report from SpaceX helps lift AI stocks and Wall Street

NEW YORK (AP) — U. S. stocks climbed following strong profit reports from SpaceX, Capital One Financial and other big companies. The S&P 500 added 0. 6% Wednesday and pulled closer to the all-time high it set earlier this month. The Dow Jones Industrial Average added 0. 7%, and the Nasdaq composite climbed 1. 1%. A much better profit report from SpaceX than analysts expected helped lift several other AI-related stocks, along with Elon Musk’s other public company, Tesla. That made up for by...

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